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TVM

Total questions: 12

Worksheet time: 9mins

Name
Class
Date
1.

Compound interest is earned when interest paid in the first period is added to the principal, and this sum is multiplied by the interest rate to earn the new interest in the second period, which will then be added to the previous sum.

a)

True

b)

False

2.

What does the Time Value of Money (TVM) principle state?

a)

Money depreciates over time

b)

Money has the same value regardless of when it is received or spent

c)

Money has greater value when received sooner rather than later

d)

Money has no value in the future

3.

Which term represents the initial amount of money invested or borrowed?

a)

Future Value

b)

Present Value

c)

Compound Amount

d)

Accumulated Value

4.

How does compounding frequency affect the Time Value of Money?

a)

Higher compounding frequencies result in lower future values

b)

Higher compounding frequencies result in higher future values

c)

Compounding frequency has no effect on future value

d)

It depends on the interest rate

5.

Which technique in financial management enable us to take investment/expansion decisions?

a)

Capital Structure

b)

Ratio Analysis

c)

Working Capital Management

d)

Capital Budgeting

6.

The key objective of financial management is ______.

a)

Profit Maximization

b)

Wealth Management

c)

Asset Maximization

d)

Sales Maxmization

7.

Portion of Profit distributed to the shareholder is

a)

Interest

b)

Dividend

c)

Tax

d)

Earnings

8.

The process of loan repayment by installment payments is classified as _________.

a)

Amortizing a Loan

b)

Depreciation of Loan

c)

Appreciation of Loan

d)

Appreciation of Investment

9.

Calculate the present value of an ordinary annuity with annual payments of $5,000 for 10 years at an interest rate of 8%.

a)

The present value of the annuity is $40,000.

b)

The present value of the annuity is $30,000.

c)

The present value of the annuity is $25,000.25

d)

The present value of the annuity is $33,550.41

10.

What is the formula for amount of annuity ?

a)

S= R ((1+i)n + 1i)S=\ R\ \left(\frac{\left(1+i\right)^{n\ }+\ 1}{i}\right)

b)

S = R ((1+r)n 1i)S\ =\ R\ \left(\frac{\left(1+r\right)^{n\ }-\ 1}{i}\right)

c)

S = R ((1+r)n 1r)S\ =\ R\ \left(\frac{\left(1+r\right)^{n\ }-1}{r}\right)

d)

S = R ((1+i)n 1i)S\ =\ R\ \left(\frac{\left(1+i\right)^{n\ }-1}{i}\right)

11.

What is Principal?

a)

The original amount invested, separate from earnings

b)

The same thing as interest

c)

Money paid regularly at a particular rate for the use of money lent

d)

The amount earned after interest

12.

What is Time Value of Money

a)

The idea that money available now is worth less than the same amount in the future

b)

Mrs. Mullin's least favorite financial concept

c)

The idea that money available now is worth more than the same amount in the future

d)

The idea that you should take out loans in order to make investments